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Established on 25 July 2012, IGB REIT is a Malaysia-domiciled real estate investment trust. Listed on the Main Market of Bursa Malaysia Securities Berhad on 21 September 2012, it owns income producing real estate that is used for retail purposes. Comprising two malls – Mid Valley Megamall (MVM) and The Gardens Mall (TGM) – located in the Klang Valley, IGB REIT's portfolio has a total net lettable area (NLA) of approximately 2.70 million square feet (sf), and as at 31 December 2022, had a market capitalisation of RM5.92 billion. Its investment properties are independently valued at RM5.02 billion. IGB Berhad is the major unitholder of IGB REIT with a shareholding of 48.332% as at 31 December 2022.

IGB Real Estate Investment Trust Dividend Announcement

IGB Real Estate Investment Trust announced a quarterly dividend of RM0.00 per ordinary share which will be made payable on . Ex dividend date: 2024-11-11
IGB Real Estate Investment Trust annual dividend for 2024 was RM0.08
IGB Real Estate Investment Trust annual dividend for 2023 was RM0.10
IGB Real Estate Investment Trust's trailing twelve-month (TTM) dividend yield is 3.86%
IGB Real Estate Investment Trust's payout ratio for the trailing twelve months (TTM) is 111.38%
IGB Real Estate Investment Trust's dividend growth over the last five years (2018-2023) was -2.83% year
IGB Real Estate Investment Trust's dividend growth over the last ten years (2013-2023) was 6.88% year

IGB Real Estate Investment Trust Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-11RM0.00quarterly
2024-08-07RM0.03quarterly
2024-04-30RM0.03quarterly
2024-02-15RM0.03quarterly
2023-10-26RM0.03quarterly
2023-08-08RM0.02quarterly
2023-05-12RM0.03quarterly
2023-02-07RM0.02quarterly
2022-11-16RM0.02quarterly
2022-08-09RM0.02quarterly
2022-05-13RM0.03quarterly
2022-02-11RM0.02quarterly
2021-11-09RM0.01quarterly
2021-08-06RM0.01quarterly
2021-05-10RM0.01quarterly
2021-02-09RM0.02quarterly
2020-11-09RM0.02quarterly
2020-08-03RM0.01quarterly
2020-05-06RM0.02quarterly
2020-02-05RM0.02quarterly
2019-11-06RM0.02quarterly
2019-08-06RM0.02quarterly
2019-05-08RM0.02quarterly
2019-02-07RM0.02quarterly
2018-11-07RM0.02quarterly
2018-07-26RM0.02quarterly
2018-05-04RM0.02quarterly
2018-02-06RM0.05quarterly
2017-08-14RM0.04quarterly
2017-02-08RM0.00quarterly
2016-08-05RM0.00quarterly
2016-02-10RM0.00quarterly
2015-08-07RM0.00quarterly
2015-02-10RM0.00quarterly
2014-08-11RM0.00quarterly
2014-02-14RM0.00quarterly
2013-08-14RM0.03quarterly
2013-02-14RM0.02quarterly

IGB Real Estate Investment Trust Dividend per year

IGB Real Estate Investment Trust Dividend growth

IGB Real Estate Investment Trust Dividend Yield

IGB Real Estate Investment Trust current trailing twelve-month (TTM) dividend yield is 3.86%. Interested in purchasing IGB Real Estate Investment Trust stock? Use our calculator to estimate your expected dividend yield:

IGB Real Estate Investment Trust Financial Ratios

P/E ratio22.03
PEG ratio0.87
P/B ratio1.92
ROE8.69%
Payout ratio111.38%
Current ratio1.12
Quick ratio1.12
Cash Ratio0.94

IGB Real Estate Investment Trust Dividend FAQ

Does IGB Real Estate Investment Trust stock pay dividends?
IGB Real Estate Investment Trust does not currently pay dividends to its shareholders.
Has IGB Real Estate Investment Trust ever paid a dividend?
No, IGB Real Estate Investment Trust has no a history of paying dividends to its shareholders. IGB Real Estate Investment Trust is not known for its dividend payments.
Why doesn't IGB Real Estate Investment Trust pay dividends?
There are several potential reasons why IGB Real Estate Investment Trust would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will IGB Real Estate Investment Trust ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While IGB Real Estate Investment Trust has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is IGB Real Estate Investment Trust a dividend aristocrat?
IGB Real Estate Investment Trust is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is IGB Real Estate Investment Trust a dividend king?
IGB Real Estate Investment Trust is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is IGB Real Estate Investment Trust a dividend stock?
No, IGB Real Estate Investment Trust is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy IGB Real Estate Investment Trust stocks?
To buy IGB Real Estate Investment Trust you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy IGB Real Estate Investment Trust stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.